ASPEN INSURANCE HOLDINGS LTD 4
4 · ASPEN INSURANCE HOLDINGS LTD · Filed Feb 24, 2017
Insider Transaction Report
Form 4
Thornton Richard Matthew
Group Chief Risk Officer
Transactions
- Exercise/Conversion
Phantom Shares (2014 Grant)
2017-02-22−2,772→ 0 total→ Phantom Shares (2,772 underlying) - Award
2016 Performance Shares
2017-02-22+1,186→ 1,186 total→ Ordinary Shares (1,186 underlying) - Award
Phantom Shares (2014 Grant)
2017-02-22+387→ 2,772 total→ Phantom Shares (387 underlying) - Award
2015 Performance Shares
2017-02-22+1,214→ 4,361 total→ Ordinary Shares (1,214 underlying)
Footnotes (5)
- [F1]Each Phantom Share represents the right to receive the economic equivalent of one of the Issuer's Ordinary Shares.
- [F2]Represents 2014 Phantom Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One third of the 2014 Phantom Share award is tested annually over a three-year period. Subject to continued employment, all vested 2014 Phantom Shares will be settled in cash upon the filing of the annual report on Form 10-K for the year ended December 31, 2016.
- [F3]Each Performance Share represents the right to receive one share of the Issuer's Ordinary Shares.
- [F4]Represents 2015 Performance Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One third of the 2015 Performance Share award is tested annually over a three-year period. All vested 2015 Performance Shares will be issued following the filing of the annual report on Form 10-K for the year ended December 31, 2017.
- [F5]Represents 2016 Performance Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One third of the 2016 Performance Share award is tested annually over a three-year period. All vested 2016 Performance Shares will be issued following the filing of the annual report on Form 10-K for the year ended December 31, 2018.